Coindelta are no longer operating, given the stringent rules and regulations laid out by the RBI. The RBI is now heavily clamping down on crypto exchanges from operating, with their new stringent framework and regulation set up. https://www.fxstreet.com/cryptocurrencies/news/indian-based-cryptocurrency-exchange-closing-down-due-to-tight-country-rules-201904031442
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| author | ramonawinzelberg |
| permlink | the-top-cryptocurrency-exchange-is-closing-due-to-unclear-rules |
| category | cryptocurrencies |
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Thanks, this was interesting. It sounds to me like the exchange is closing because keeping to the rules would push up their expenses, so that they no longer can compete. My question is, since all the exchanges have to obey these rules, why are their expenses not also shutting them down?
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